NCU announces 10% salary cut for employees

Northern Caribbean University has announced a 10 per cent salary cut for all its employees effective June 1, in response to reduced revenue inflows caused by the COVID-19 pandemic. 
The university says there may be further salary reduction if its financial position does not improve to meet future payments.
Employees were informed of the salary cut on Monday.
Other cost containment measures include, temporary suspension of specified allowances and layoff of workers on short-term contracts and workers who cannot be redeployed by the university at this time.

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